24-RQFINMODRFI-NM Final 9.1.26.pdf

Rev 2017/02/27

STATE OF NORTH CAROLINA

REQUEST FOR INFORMATION NO.

24-RQFINMODRFI-NM

Department of Public Instruction Due Date: October 23, 2026, at 10:00 AM ET

Refer ALL Inquiries to: Nicole Mathis, via the

Ariba Sourcing Tool Messages

Issue Date: September 1, 2026

Commodity Code(s):

432316-Finance, Accounting and ERP Software;

811115-Software or Application Development/ Implementation Services;

811122-Software maintenance and support;

811125-Software Licensing or Subscription Services

E-Mail: procurement@dpi.nc.gov Using Agency Name: Department of Public Instruction

SUBMISSION INSTRUCTIONS:

Submit one (1) signed, original Request for Information (RFI) via the Ariba Sourcing Tool. If confidential and proprietary information is contained in your RFI response, submit one (1) signed, redacted copy and label the attached file 24-RQFINMODRFI-NM-Vendor Name-REDACTED. The RFI response must be submitted prior to the RFI due date provided in Section 2.0. It is the responsibility of the vendor to have their RFI submitted by the specified date and time. See Section 2.C for complete response instructions.

NOTICE TO VENDOR

Request for Information (RFI) will be received via the Ariba Sourcing Tool until 10:00 AM ET on October 23, 2026.

QUESTIONS

Submit written questions via the Atiba Sourcing Tool until 10:00 AM ET on September 9, 2026.

EXECUTION

VENDOR NAME: E-MAIL:

STREET ADDRESS: P.O. BOX: ZIP:

CITY & STATE: TELEPHONE NUMBER: TOLL FREE TEL. NO:

TYPE OR PRINT NAME & TITLE OF PERSON SIGNING: FAX NUMBER:

AUTHORIZED SIGNATURE:

DATE:

Contents

STATE OF NORTH CAROLINA

mailto:procurement@dpi.nc.gov

Department of Public Instruction

1.0 EXECUTIVE SUMMARY

2.0 RFI PROCEDURES

A. Schedule

B. Questions

C. Submit RFI

3.0 MODERNIZATION GOAL AND CURRENT ECOSYSTEM

4.0 SPECIFICATIONS

5.0 ACRONYMS

1.0 EXECUTIVE SUMMARY

The North Carolina Department of Public Instruction (NCDPI) is issuing this Request for Information (RFI) to obtain information from qualified vendors regarding commercially available software solutions and implementation services that support the modernization of the Department's financial management ecosystem.

Information from this RFI will be used to understand the current marketplace, validate modernization strategies, refine requirements, and identify implementation approaches to best support the needs of the agency.

NCDPI Finance manages approximately $14 billion in state and federal funds and provides various technical and operations support services to 115 School Districts/Local Education Agencies (LEAs) and to more than 200

Independent Public Schools (IPS), which include – Charter Schools, Lab Schools, and Regional Schools.

NCDPI's financial operations are currently supported through a combination of internally developed systems and tools. While these systems support critical business functions, they are not fully integrated and require significant customization to accommodate legislative and policy changes, resulting in increased maintenance effort and reduced operational agility.

The purpose of this Request for Information (RFI) is to gather information that will assist DPI in validating business and technical requirements, evaluating available market solutions and understanding implementation approaches to inform the agency on the future procurement strategy for a financial system.

Specifically, NCDPI is seeking information and recommendation regarding:

• commercially available software solutions and implementation approach that support the financial operation of state education agencies.

• industry best practices, emerging technologies, and innovative capabilities for managing education finance and grant administration.

• solution architecture, interoperability, integration capabilities, security models, reporting features, workflow automation, and deployment options.

• implementation methodologies, implementation timelines, staffing models, training, change management, customer support, and ongoing maintenance.

• licensing models, estimated implementation costs, and total cost of ownership.

This RFI is issued for planning and informational purposes only. It does not constitute a solicitation, does not obligate the Department to issue a Request for Proposal (RFP) or award a contract, and does not commit the Department to pay any costs incurred in preparing or submitting the responses.

A comprehensive response covering all business capabilities is not a requirement for participation in this RFI.

Vendors may respond to one or more capabilities based on their products, services, and areas of expertise.

Vendors may submit a response independently or in collaboration with partner(s) or solution provider(s) to address multiple capabilities. The response should clearly identify the vendor, the participating partners, and the capabilities for which each organization is responsible.

2.0 RFI PROCEDURES

A. Schedule

Respondents will have until October 23, 2026, at 10:00 AM to prepare their submissions to this RFI.

Responses must be received by the date and time specified on the cover sheet of this RFI. Respondents may also be required to present and discuss their submissions at DPIs discretion. Respondents will be notified of the specific date and time at least two (2) weeks in advance of their presentation.

Event Responsibility Date and Time

Issue RFI State September 1, 2026

Submit Written Questions Vendor September 9, 2026, at 10:00 AM ET

Provide Response to Questions State September 18, 2026

Submit RFI Vendor October 23, 2026, at 10:00 AM ET

B. Questions

Questions will be accepted until September 9, 2026, at 10:00 AM ET as specified on the cover sheet of this RFI. All questions must be submitted in writing. An addendum containing any general questions and their answers will be issued as an addendum to this RFI. The questions shall be submitted in a editable Microsoft Excel file in the following format, using as many rows as needed.

# RFI Page # / Section Vendor Questions

C. Submit RFI

The State recognizes that considerable effort will be required in preparing a response to this RFI.

However, please note this is a request for information only, and not a request for services. The Vendor shall bear all costs for preparing this RFI.

1. Content and Format

The State expects concise, detailed, point-by-point responses to each of the RFI response items identified in this RFI. The State is not interested in brochures or “boilerplate” responses. Instead, responses should clearly define how the vendor’s proposed solution(s) would meet the State’s business requirements. Any issues or exceptions to the State’s requirements should also be identified and explained.

The response should also include annotated network drawings showing where each of the pieces of equipment in the proposed solution would be located and how those devices would be interconnected.

A comprehensive, detailed equipment list including software required for the proposed solution should be provided. All equipment identified in the response must be commercially available and in general distribution. While the State will require a pilot installation of any final solution adopted, the State is not interested in participating in any field trials of new equipment or software.

The response should define all services that would be required by the proposed solution. The response should also include:

• The vendor’s understanding of the project and services by addressing the State’s business requirements;

• An estimated total cost of ownership for the solution, including continued compliance with emerging industry standards.

• The proposed solution’s ability to expand and evolve to serve other State's sites either inside the Raleigh area or in other county locations and also meet all of the service and performance requirements identified in this RFI.

2. Multiple Responses

Multiple responses will be accepted from a single vendor provided that each response is comprehensive, meets all of the state’s requirements, and is truly unique. Vendor shall submit separate responses and clearly mark responses as “Response #1, Response #2, etc.

3.0 MODERNIZATION GOAL AND CURRENT ECOSYSTEM

a. Modernization Goal

The goal of the financial modernization program is to transform business operations by streamlining business processes utilizing supported and scalable technology and facilitating decision analytics and reporting.

NCDPI seeks a financial system that enables the agency to perform financial operations and to respond promptly and effectively to evolving legislative, regulatory and business needs.

The goal is to deliver a cohesive system that:

• Establishes a modern, stable, scalable platform that supports business operations while enabling timely implementation, minimizes ongoing maintenance requirements, and optimizes total cost of ownership.

• Provides visibility into the financial position through real-time reporting, dashboards, and analytics.

• Enables nimble adaptations to evolving legislative, policy and business rule changes.

• Is secure and resilient.

• Supports integration with enterprise applications, data platforms, and external partner systems.

• Prioritizes the user experience through intuitive workflows, automation, and role-based access to information.

• Is an adaptable future ready platform that supports continuous business process improvement

b. Current Ecosystem

The current finance ecosystem is distributed across multiple platforms that are not fully integrated.

4.0 SPECIFICATIONS

a. Vendor Qualification and Reference

1. Vendors are encouraged to provide the following information:

i) Company overview, including headquarters location, and the number of years the company has been in business.

ii) Overview of the proposed solution including how it supports public sector finance operations, its current release/version, functional maturity, and the number of years the solution has been commercially available.

iii) A list of public sector agencies currently using all or a portion of the proposed solution, including implementation dates and scope of deployment.

iv) Identification of client institutions that may be contacted as references. For references, provide contact information (name, title, organization, email address, and telephone number).

b. Allotment Management

Refer to the NCDPI Allotment Policy Manual for details regarding state and federal allotment calculations, terminology, and policy citations Allotments — Funding Public School Units | NC DPI

This business capability enables NCDPI to calculate, allocate, administer, distribute and track projected and actual State and Federal education funding to Local Education Agencies (LEA), Independent Public

Schools (IPS which includes Charter Schools, Lab Schools and Regional Schools), State operated programs, federal education entities and non-public school units. This capability includes the full funding lifecycle including development, maintenance, and refinement of funding formulas to implement legislative and policy changes, as well as the ongoing management of allocations, adjustments, budget revisions, carryforward, reversions, and reporting in accordance with State and Federal requirements.

1. Describe how the solution automates the allocation and management of state and federal education funding. Include support for funding formulas, grant management, allotment calculations, carryforward, reversions, adjustments, and legislative changes.

2. Describe how the solution supports budget development and management, including planning allotments, budget revisions, multi-year planning, scenario modeling, formula management, and approval workflows.

3. Describe how the solution ingests data from multiple source systems used in funding formulas and allotment calculations. Define supported integration methods, file formats, scheduling, automation, data validation, and monitoring capabilities.

4. Describe how the solution manages file processing exceptions. Include user notifications, validation and load error reporting, audit logs, tools available for business users to identify and correct errors, and the process for reprocessing corrected data.

5. Describe how the solution ingests approved state budget file (approximately $14 billion in state and federal funds) and facilitates allocation management at a state and federal program reporting code level. Include existing budget management models; methodologies; assumptions, and calculations;

trend analysis (pre-planning, during the period, closeout projections, etc.); percent spent, encumbered, and remaining; validations; input and output interface files and linked tables capabilities;

comparison tools; monitoring, alerts; and resolution management; override capabilities and audit tracking; and dashboarding and reporting capabilities.

6. Describe how funding formulas, allotment rules, and business rules are maintained and updated in the system. Include how legislative changes are implemented, whether authorized business users can modify rules through configuration without customization, and how changes are tracked, tested, and versioned.

7. Describe the solution's reporting and audit capabilities, including historical tracking, formula calculation transparency, audit trails, standard and ad hoc reporting, and compliance reporting.

c. Cash Management

This business capability enables NCDPI to administer, disburse, monitor, and reconcile cash for State, Federal, and Other Education funding. The capability supports the processing of cash disbursement to and recoupment from Public School Units (PSUs) and other eligible recipients, reconciliation of cash disbursement to reported expenditures, and audit reporting to ensure funds are managed accurately and in compliance with Federal, State, and agency requirements.

1. Describe how the solution supports the administration of cash disbursement within the constraints of allotted or budgeted amounts, including requesting or returning, calculating, approving, transmitting

ACH files, and tracking State, Federal, and other education funding provided to PSUs and other eligible recipients.

https://www.dpi.nc.gov/districts-schools/district-operations/financial-and-business-services/allotments-funding-public-school-units

2. Describe how the solution supports the initiation, tracking, and monitoring of ACH cash disbursements, including payment status, confirmation of successful transmission, and management of returned or rejected payments.

3. Describe how the solution reconciles cash disbursements with expenditure information submitted by

PSUs and other recipients, including support for recoupment processing, balancing activities, variance identification, and financial accountability.

4. Describe how the solution identifies and manages exceptions related to cash transmissions, ACH disbursements, and expenditure reconciliations. Include how business users are notified of issues and can review, resolve, and reprocess exceptions.

5. Describe how the solution supports the creation, validation and transmission of financial transaction batch files to the State General Ledger using the Chart of Accounts (COA) crosswalks

6. Describe the solution's capabilities for monitoring and reporting cash disbursement, ACH transmissions, reconciliations, balances, and audit history, including reporting for compliance and financial oversight.

7. Describe the solution’s ability to support compliance with Cash Management Improvement Act

(CMIA) including the ability to use relevant data to prepare required reports, calculations and supporting schedules.

d. Fiscal Grants Management

This business capability enables NCDPI to administer and oversee the lifecycle of State and Federal grant programs and funding initiatives for Public School Units (PSUs), nonprofit organizations, community-based organizations, faith-based organizations, for-profit entities, and other eligible recipients.

The capability supports formula, discretionary, and competitive grants as well as cooperative agreements. It encompasses application and award management, budgeting, amendments, compliance monitoring, programmatic and financial reporting, carryforward, grant extensions and closeout. The capability also supports coordination and integration with Allotment Management and Cash Management for funding allocation, cash requests, and disbursements.

1. Describe how the solution supports the administration of State and Federal grant programs for multiple recipient types, including PSUs, government agencies, nonprofit organizations, community-based organizations, faith-based organizations, for-profit entities, and other eligible recipients.

Include support for both formula-based and discretionary grant programs.

2. Describe how the solution supports the creation, submission, review, approval, award, and amendment of grant applications, program plans, budgets, and funding agreements, including configurable workflows and multi-level approvals. Include grant attributes collected, analysis of proposal to historical grant data and forecasting models for evaluating feasibility.

3. Describe how authorized business users administer grant programs, including grant setup, eligibility requirements, funding rules, reporting schedules, application periods, and business rules in the solution, as well as the solution's capabilities for operational, financial, compliance, and performance reporting.

4. Describe how the solution supports grant monitoring, risk assessments, Uniform Guidance compliance, corrective action management, document management, financial and performance monitoring while maintaining complete financial accountability and audit support throughout the grant lifecycle.

Include how the solution tracks grant award match, level of effort, earmarks, existing operational and federal reporting (e.g. FFATA, SF-425, etc.) capabilities, reconciliations, reports, dashboards, risk flagging, spend analysis and projections, grant oversight tools, automation, and alerts.

5. Describe how the solution supports grant budget management at multiple levels (e.g. state agency, award period, program level, allotments, and subrecipients) for planning, encumbering, monitoring, forecasting, and reporting.

6. Describe how the solution tracks funding allocations, spending, remaining obligations, and unallotted balances across multiple levels, including grant, grant award, function, grant year, subrecipient using information from the Allotment Management module.

7. Describe the solution’s ability to track and manage incremental funding allotments, amendments, and extensions including carryforward and no or low-cost project extensions.

8. Describe how the proposed solution supports financial projections using spending trends, if/then analysis and existing support schedules, including how applicable Federal and business rules are maintained within the solution.

9. Describe the solution’s grant closeout workflow, tracking, reporting, and other capabilities.

10. Describe how the solution supports grant programs in which funding, reimbursement, or cash requests are based on programmatic or operational data (e.g., general ledger, participation data, other performance measures, or manual input). Include validations in place and integration with cash management, and expenditure reporting.

11. Describe how the solution supports nuances (allowability, exclusions, rates, etc.) between grants.

12. Describe how the solution manages indirect cost at multiple levels, from generating state-level and subrecipient-level indirect rate proposals based on prior year actual expenditure data through calculating and claiming allowable indirect costs at the grant award level using negotiated indirect cost type (e.g. unrestricted, restricted, training, not applicable) and allowable direct expenditures.

Include support for data matching, classification, validation, preparation of supporting documentation and maintenance of comprehensive audit trail.

13. Describe the solution’s approach to grant specific payment justifications as part of “Defend the Spend” to substantiate appropriate expenditure of Federal funds.

14. Describe the solution’s ability to preview and validate the financial impact of accounting entry prior to posting.

15. Describe how the solution creates, maintains, and utilizes centralized grant data to reduce duplicative entry and disaggregate data across modules. Include intelligent document processing capabilities.

16. Describe how the solution processes and reconciles planned or budgeted personnel and fringe cost to an individual's reported actual work activities, workflow approvals, variance identification and resolution management, to generating batch correction for interface to the State general ledger.

e. Financial Forecasting and Scenario Planning

This capability supports the financial forecasting and scenario-planning that enable NCDPI to model potential future financial conditions, evaluate alternative funding scenarios, and assess the fiscal impact of changes in key business drivers. Outputs from these analyses support the development of budget proposals and other information submitted to the State's authoritative budget system.

1. Describe the solution’s approach to financial planning and forecasting.

2. Describe the solution’s capacity for scenario planning and “what if” analysis such as when attributes of the public education population changes or impact analysis when funding changes are proposed.

f. General Finance and Accounting

This business capability supports NCDPI's internal financial operations, including Accounts Receivable, General Ledger, Chart of Accounts administration, management of PSU Chart of accounts, and crosswalk to North Carolina Financial System (NCFS) Chart of accounts, fiscal year-end closeout, financial reporting, and integration with NCFS. This capability also supports the transmission of allotment, cash management and grant information to the PSU ERP systems while supporting the collection and processing of statewide financial reporting information submitted by PSUs for audit, compliance, and statutory reporting.

1. Describe how the solution identifies specific transactional data for interfacing to the State General

Ledger and financial reporting for PSU transactional data.

2. Describe how the solution supports invoicing for PSUs, including adjustments and refunds, payment and receivable tracking, and reporting.

3. Describe how the solution supports the administration and maintenance of multiple Charts of

Accounts, including the PSU Chart of Accounts and the NCFS Chart of Accounts. Include capabilities for maintaining account structures, effective dating, version control, account hierarchies, and business rule validation.

4. Describe how the solution supports the creation, maintenance, and administration of configurable crosswalks between the PSU Chart of Accounts and the NCFS Chart of Accounts and the federal account and purpose codes. Include support for versioning, effective dating, one-to-one and one-to-many mappings (if supported), validation, historical reporting, and audit tracking.

5. Describe how the solution integrates and supports the transfer of information to PSU / subrecipient

ERP systems, including chart of account, allotment, cash transaction, and grant information.

6. Describe how the solution supports the collection, validation, reconciliation, and reporting of statewide financial information submitted by PSUs, including General Expense, Accounts Payable, PSU

General Ledger monthly and yearly balances, PSU Payroll details and other required financial reporting for compliance, audit, and statutory reporting.

7. Describe how salary, payroll, longevity, licensure data integrate with the Chart of Accounts and cash disbursement to monitor compensation in line with federal, state, and agency requirements per staff and position attributes.

8. Describe the solution’s ability to identify potential Subscription-Based Information Technology

Arrangements (SBITAs) using financial purchasing and expenditure data.

9. Describe how authorized business users administer financial master data, including Charts of

Accounts, account hierarchies, crosswalk mappings, reporting structures, effective dates, and historical changes without requiring software code modifications.

g. Knowledge Management, Document Governance, and Content Publishing

1. NCDPI develops and maintains financial guidance, policies, procedures, policy manuals, application user manuals and guidance, legislative updates, forms, training materials, and frequently asked questions for both internal staff and the Public-School Unit. Describe how the solution supports the governance, maintenance, and publication of business content throughout its lifecycle. Include any workflow automation, integration with finance application user interfaces, version control, knowledge management, or public content publishing features.

h. Artificial Intelligence and Machine Learning

1. Describe how the proposed solution leverages artificial intelligence and machine learning capabilities to facilitate enterprise planning and operational efficiency. Include in your response areas where the solution already offers predictive analytics and operational efficiency capabilities using AI.

2. Describe how the proposed solution allows users to adjust assumptions and maintain appropriate governance, security, and privacy for agency data used in the AI model.

i. Data, Reporting, and Analytics

1. Describe the standard operational reports available in the system including self–service capabilities and role-based management of reports.

2. Describe the ad hoc reporting capabilities where end users can run reports with minimal support from

DPI.

3. Describe the role-based dashboards with historical and real-time data. Indicate drill down capabilities within dashboards.

4. Describe data visualization and trend analysis features available that support decision making.

5. Describe how the solution validates and reports financial information submitted by PSUs or processed at the state level to ensure compliance with various funding requirements. Include all exception reporting including matching fund verification reports and any compliance dashboards native to the proposed system.

6. Describe how the solution supports the identification, evaluation, classification, tracking and reporting of SBITAs in accordance with applicable accounting standards and policies.

7. Describe the solution’s ability to provide analytics particularly with respect to budget to actual spend analysis, expenditure forecasting, variance analysis, projected available balances, and trend analysis.

j. Data Management and Integration

1. Describe the integration capabilities of the solution, including supported file formats, APIs, integration methods, security controls, monitoring capabilities, and any additional tools or services required to support integrations with existing institutional systems.

2. Describe the solution's extensibility and integration capabilities, including available pre-built connectors, adapters, plug-ins, and other reusable components that facilitate interoperability with external applications, data platforms, and third-party services. Clearly distinguish between capabilities that are included with the proposed solution, separately licensed, provided by third parties, or require custom development.

3. Describe how the proposed integration capabilities support a phased modernization approach in which legacy and modernized applications may coexist and exchange data during transition.

4. Describe the solution’s ability to maintain relationships between interface data and core data and how data are viewed and used across the solution.

5. Describe the core and reference data management capabilities as well as data dictionary or business glossary capabilities.

k. Technical Specifications

1. Describe the single sign-on and support for multi-factor authentication supported by the proposed solution.

2. Describe the role-based access control at the various levels including granular permissions at the module, record, and field level, administrator permissions and enterprise user permissions.

3. Describe how the system provides a unified user experience, enabling authorized users to securely access the business capabilities, applications, services, and information relevant to their role through a single point of entry. Include how the proposed solution supports a seamless and role-based user experience across one or more integrated applications.

4. Describe how the system maintains accuracy, completeness, consistency, and integrity of financial and operational data. Describe the solution's capabilities for validating, managing, and governing data throughout its lifecycle.

5. Describe the configurable workflows and approval process without custom development. Also specify audit trail capabilities to track actions and approvals.

6. Across all applicable capabilities, describe how the solution enables authorized business users to manage workflows, business rules, configurations, user roles and permissions, organizational structures, funding programs, formulas, and other business parameters through administrative tools with minimal reliance on custom development or technical support. Describe which configurations can be maintained directly by authorized business administrators, the level of technical expertise required, and how configuration changes are tested, approved, versioned, promoted, and audited.

7. Describe the in-application messaging or collaboration features available in the system.

8. Describe configurable notification capabilities via email that is supported by the proposed solution.

9. Describe the document storage and attachment capabilities within the system. Specify storage options, storage limits, scalability and additional licensing or costs associated with document storage.

10. Describe how configurable the system is with minimal custom development.

11. Describe the solution’s security and compliance with applicable higher education security and privacy standards.

12. Describe compliance with WCAG accessibility standards.

l. Project Management

1. NCDPI intends to modernize its financial ecosystem in a phased manner that delivers business capabilities incrementally. Describe the following:

a. The recommended sequencing of business capabilities.

b. Which capabilities should be implemented together.

c. Dependencies between capabilities.

d. How legacy and new systems would coexist during transition.

e. Data migration and cutover strategies.

f. Criteria for retiring legacy systems.

g. Key risks associated with phased implementation and recommended mitigation strategies.

2. Describe your implementation milestone and estimated implementation duration for this project and any prerequisites that may impact the proposed duration.

3. Describe the expected level of participation and resource commitments required from the agency during the implementation.

m. Additional Value-added capabilities

1. NCDPI recognizes that commercially available solutions may provide capabilities beyond those identified in this RFI. Vendors are encouraged to describe additional capabilities, features, or services that they believe would provide value to the Department's financial modernization objectives.

For each additional proposed capability under this section, vendors shall:

1. Describe the capability and the business value it provides.

2. Describe any dependencies, prerequisites, or foundational capabilities that are required for implementation.

3. Identify any assumptions related to implementation, integrations, licensing, organizational readiness, or change management, etc.

4. Provide an estimated implementation effort and recommended implementation phase.

5. Indicate whether the capability can be implemented independently or is dependent upon implementation of other capabilities.

6. Identify any additional licensing, infrastructure, or third-party products required.

7. Provide an itemized cost breakdown for these modules separately titled “Cost for Additional

Value-added capabilities”

n. Cost

1. Provide a detailed cost breakdown for initial implementation and ongoing operations. Itemized cost by module, capability or functional area, where applicable is preferred. Include all assumptions and exclusions considered in the proposed cost.

Provide high-level estimates for:

• Software licensing

• Subscription fees

• Professional services

• Data migration

• Configuration

• Customization

• Training

• Support

• Annual maintenance

• Future upgrades

* For each cost, indicate whether it is a one-time or ongoing cost. For ongoing costs indicate the period (i.e.

monthly, annually, etc.)

5.0 ACRONYMS

1 COA Chart of Accounts

2 Defend the Spend

Ability to demonstrate that federal funds were spent appropriately, for an authorized purpose, and in accordance with applicable requirements.

3 FFATA Federal Funding Accountability and Transparency Act

4 NCFS North Carolina Financial System is North Carolina's statewide Enterprise

Resource Planning (ERP) system used by state agencies for financial, procurement, budgeting, grants, human resources, payroll, and reporting functions. The system is administered through the North Carolina Office of the

State Controller (OSC).

5 PSU Public School Unit refers to any of the following -

a) A local education agency

b) A charter school

c) A regional school

d) A Lab school

e) A Residential school

f) A school providing elementary or secondary instruction operated by one of the following:

• The State Board of Education, including schools operated under Article 7A and Article 9C of House Bill 57

• The University of North Carolina, including schools operated under Articles 4, 29, and 29A of Chapter 116 of the General Statutes.

6 SBITA Subscription-Based Information Technology Arrangement governed by GASB Statement number 96.

7 SF-425 The standard federal form used by grant recipients to report on the financial status and activity of a federal award. It reports expenditures, obligations, recipient match, program income, and indirect costs for a grant.